Apple iPhone sales in China fell over 30% during first week of 2024: Jefferies

Apple CEO Tim Cook delivers remarks during an Apple special event in Cupertino, California, on Sept. 12, 2023. Justin Sullivan | Getty Images Apple’s iPhone sales in China were down more than 30% year-over-year for the first week of January, while competitors like Xiaomi and Huawei have “remained much stronger” with flat sales, according to … Read more

ULA Vulcan rocket launches as the newest challenger to SpaceX

The brand new rocket, United Launch Alliance’s (ULA) Vulcan Centaur, lifts off from Space Launch Complex 41d at Cape Canaveral Space Force Station in Cape Canaveral, Florida, on January 8, 2024, for its maiden voyage, carrying Astrobotic’s Peregrine Lunar Lander.  Chandan Khanna | AFP | Getty Images A new U.S. rocket reached orbit early Monday, … Read more

Largest U.S. radio company Audacy files for bankruptcy protection

The New York Stock Exchange welcomes executives and guests of Audacy (NYSE: AUD), today, Friday, April 9,2021, in celebration of its recent company rebrand. NYSE Audacy, the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection to reduce its debt. The restructuring agreement will allow Audacy to slash its total … Read more

Coinbase to expand crypto derivatives in EU with license acquisition

LONDON, ENGLAND – NOVEMBER 09: In this photo illustration, a flipped version of the Coinbase logo is reflected in a mobile phone screen on November 09, 2021 in London, England. The cryptocurrency exchange platform is to release its quarterly earnings today. (Photo illustration by Leon Neal/Getty Images) Leon Neal | Getty Images News | Getty … Read more

Microsoft, OpenAI sued over copyright infringement by authors

Microsoft CEO Satya Nadella, right, greets OpenAI CEO Sam Altman during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images News | Getty Images Two nonfiction book authors sued Microsoft and OpenAI in a would-be class action complaint alleging that the defendants “simply stole” the writers’ copyrighted works … Read more

Apple shares slip on report US government preparing antitrust lawsuit

Apple CEO Tim Cook listens as President Joe Biden speaks during a roundtable with American and Indian business leaders in the East Room of the White House in Washington, D.C., on June 23, 2023. Anna Moneymaker | Getty Images Apple shares slid less than 1% during trading on Friday after The New York Times reported … Read more

Apple iPhone supplier Foxconn expects first-quarter revenue decline

Apple’s iPhone 15 series devices are displayed for sale at The Grove Apple retail store on release day in Los Angeles on Sept. 22, 2023. Patrick T. Fallon | AFP | Getty Images Apple supplier and lead iPhone assembler Foxconn on Friday reported a revenue drop for the final quarter of 2023 and said it … Read more

Tesla recalls over 1.6 million cars in China over Autopilot, locks

Elon Musk, CEO of Tesla and owner of X, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Tesla is recalling more than 1.6 million cars in China to fix problems with Autopilot features and locks, state … Read more

Coinbase, Gemini plan user risk assessments in UK ahead of new rules

CEO of cryptocurrency platform Coinbase Brian Armstrong attends a reception at Buckingham Palace, in central London, on November 27, 2023 to mark the conclusion of the Global Investment Summit (GIS). (Photo by Daniel LEAL / POOL / AFP) (Photo by DANIEL LEAL/POOL/AFP via Getty Images) Daniel Leal | Afp | Getty Images Coinbase, Crypto.com, Gemini … Read more

Meta was our second-best performer last year. What is in store for 2024?

Meta Platforms ‘ savvy use of artificial intelligence and untapped potential in business messaging are reasons why we see more upside ahead for the stock in 2024. Meta reached a 52-week high of $361.90 per share on the second to last trading day of 2023. The stock nearly tripled last year and was the second-best … Read more